M&A Deal Summary

Corrisoft Acquires Paperless Business Solutions

On December 15, 2015, Corrisoft acquired software company Paperless Business Solutions

Acquisition Highlights
  • This is Corrisoft’s 1st transaction in the Software sector.
  • This is Corrisoft’s 1st transaction in the United States.
  • This is Corrisoft’s 1st transaction in Indiana.

M&A Deal Summary

Date 2015-12-15
Target Paperless Business Solutions
Sector Software
Buyer(s) Corrisoft
Deal Type Add-on Acquisition

Target

Paperless Business Solutions

Rochester, Indiana, United States
Paperless Business Solutions LLC is a software company provides case management solutions to corrections agencies, drug courts, and rehabilitative programs.

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Buyer(S) 1

Buyer

Corrisoft

Lexington, Kentucky, United States

Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

Corrisoft LLC is a technology and services company supporting community-based agencies with a smartphone-based offender supervision program.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1